| MICRON SOLUTIONS, INC. | |||||||
| EBITDA RECONCILIATION (1) | |||||||
| ($ in thousands) | |||||||
| Three Months Ended | |||||||
| September 30, | |||||||
| 2020 | 2019 | ||||||
| Net income (loss) | $ | 324 | $ | (507 | ) | ||
| Interest expense | 69 | 110 | |||||
| Depreciation and amortization | 317 | 358 | |||||
| Share-based compensation | 6 | 52
| |||||
| Non-cash incentive plan accruals | 50 | 50 | |||||
| Non-recurring (income) expenses | - | (17 | ) | ||||
| Adjusted EBITDA | $ | 766 | $ | 80 | |||
| Adjusted EBITDA margin % | 13.6 | % | 1.9 | % | |||
<
